MyFX Markets (myfxmarkets.com )

Myfx Markets is a Foreign Exchange liquidity provider that offers a wide range of trading technologies and services.

MyFX Markets

MyFX Markets is an online Forex & CFD broker based in Mauritius.

The broker was founded in 2013 and firstly based in New Zealand though, it has changed the location with the expiration of the financial license in NZ.

MyFX Markets values its execution quality and it is one of the things which attracts traders. Its servers are located in New York which is closer to the markets which send price feeds.

MyFX Markets tends to not offer any promotions but its STP/fast execution environment attracts high quality traders.

Trading Info

MyFX Markets offers Forex and CFDs(Spot and Futures) through MT4.

Leverage is up to 400 and variable spread starting from 0.6 pips with no commissions.

Simple conditions but high quality trading environment is for professional and novice traders.

Start trading from $200, account currencies are available in USD, GBP, EUR, AUD, NZD, SGD, JPY and CHF.

  • High quality execution
  • User friendly system
  • Leverage from 0.6 pips

Pros & Cons of MyFXMarkets

Broker Details
CompanyMyFX Markets
Myfx Markets Pty Ltd
Website myfxmarkets.com
Regulation
Founded in2013 (4 years)
Offered Instruments
Business Model
Max Leverage400:1
USA clients Not Accepted
JPN clients Accepted
Country BaseMauritius
Headquaters Level 2, Raffles Tower Cybercity, Ebene, Republic of Mauritius
Website Language
  • English
  • Chinese
Supported Platforms
Support desk
Phone number+64 9 889 4022
Supported LanguageEnglish, Chinese, Japanese
Service Hour24/5
Phone Support Not Available
Live Chat Available
Callback Available
Japanese Support Available
Telephone Order Not Available

Trading Accounts (2 accounts)

Here are the details of all Forex trading accounts of MyFX Markets.

TitleStandardPro
Account TypeForexForex
Trading PlatformMT4MT4
Minimum Deposit$200$1,000
Accout CurrencyAUDCHFEURGBPJPYNZDSGDUSDAUDCHFEURGBPJPYNZDSGDUSD
Execution TypeSTP
(N/A)
ECN
(N/A)
Leverage400:1400:1
Spread TypeVariableVariable
Minimum Spreadfrom 0.6 pipsfrom 0.1 pips
Trading CommissionN/A$7/per Lot
Minimum Trading Lots0.010.01
Maximum Trading Lots5050
Decimal Pricing55
Margin Call %90%20%
Stop Out %90%20%
EA (Automated Trading)AllowedAllowed
ScalpingAllowedAllowed
HedgingAllowedAllowed
News TimeAllowedAllowed
PAMM/MAMAvailableAvailable
Islamic (Swap Free)OptionalOptional
Interest on MarginN/AN/A

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